This Retail Property is Off-Market.

468&466 John Ringling Blvd
Sarasota, FL 34236 ·

3,432 SF · Retail For Sale

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St. Armands Circle

Price N/A Property Use Type Net Lease Investment with 3 years left on lease
Building Size 3,432 SF Cap Rate 6%
Property Type Retail Occupancy 100%
Property Sub-type
Street Retail
More...
  • Restaurant
Tenancy Multiple
Listing ID: 16119509 Date Created: 02/25/2009 Last Updated: 02/05/2010

Description

3,432 sqft 2 suite retail location, (1,586 & 1,662) suitable for restaurant, 2 absolute triple net leases, excellent exposure with 25, 000 (max 50K) per day seasonally adjusted cars as reported by FDOT great curb appeal-large parking area- seaside village location.

Saint Armand's Circle is THE destination shopping area often referred to as the Worth Avenue of Florida's west coast. A seaside village in the round with "European Styling" adjoins the prestigious areas of Lido Key, Longboat Key, Bird Key and the City of Sarasota. The "Circle" is an eclectic promenade of fine shops and gourmet restaurants with frequent festivals of jazz, art and wine. Sarasota is heralded as Florida's "Cultural Capital" with opera, ballet, 5 legitimate theaters, Selby Botanical Gardens, John & Mable Ringling Museum of Arts, Van Wezel performing Arts Hall, and houses 2 re-noun Colleges John Ringling Art School and New College -the best value in colleges Forbes Magazine-numerous art galleries and the "Circle" is its hub.

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468&466 John Ringling Blvd, Sarasota, FL 34236 (Sarasota County)

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